Rep. Julie Johnson Sells Off Shares of Gen Digital Inc. (NASDAQ:GEN)

Representative Julie Johnson (D-Texas) recently sold shares of Gen Digital Inc. (NASDAQ:GEN). In a filing disclosed on November 14th, the Representative disclosed that they had sold between $1,001 and $15,000 in Gen Digital stock on October 22nd. The trade occurred in the Representative’s “MERRILL LYNCH LONG TERM GROWTH” account.

Representative Julie Johnson also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Parker-Hannifin (NYSE:PH) on 10/31/2025.
• Purchased $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOG) on 10/31/2025.
• Purchased $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOG) on 10/27/2025.
• Sold $1,001 – $15,000 in shares of Deere & Company (NYSE:DE) on 10/22/2025.
• Sold $1,001 – $15,000 in shares of Alaska Air Group (NYSE:ALK) on 10/22/2025.
• Sold $1,001 – $15,000 in shares of Weyerhaeuser (NYSE:WY) on 10/22/2025.
• Sold $1,001 – $15,000 in shares of F5 (NASDAQ:FFIV) on 10/22/2025.
• Sold $1,001 – $15,000 in shares of The PNC Financial Services Group (NYSE:PNC) on 10/21/2025.
• Purchased $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOG) on 10/21/2025.
• Sold $1,001 – $15,000 in shares of Parker-Hannifin (NYSE:PH) on 10/8/2025.

Gen Digital Stock Performance

NASDAQ GEN opened at $26.34 on Wednesday. The stock has a market capitalization of $16.24 billion, a price-to-earnings ratio of 27.15, a PEG ratio of 0.87 and a beta of 0.94. The business’s 50 day moving average is $27.40 and its two-hundred day moving average is $28.79. Gen Digital Inc. has a 12-month low of $22.74 and a 12-month high of $32.22. The company has a current ratio of 0.50, a quick ratio of 0.50 and a debt-to-equity ratio of 3.63.

Gen Digital (NASDAQ:GEN) last posted its quarterly earnings results on Thursday, November 6th. The company reported $0.62 earnings per share for the quarter, beating analysts’ consensus estimates of $0.61 by $0.01. The firm had revenue of $1.22 billion for the quarter, compared to the consensus estimate of $1.20 billion. Gen Digital had a return on equity of 57.99% and a net margin of 14.12%.The company’s revenue for the quarter was up 25.3% compared to the same quarter last year. During the same period in the previous year, the business earned $0.54 earnings per share. Gen Digital has set its FY 2026 guidance at 2.510-2.56 EPS. Q3 2026 guidance at 0.620-0.64 EPS. Research analysts expect that Gen Digital Inc. will post 2.05 EPS for the current year.

Gen Digital Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, December 10th. Shareholders of record on Monday, November 17th will be given a dividend of $0.125 per share. The ex-dividend date is Monday, November 17th. This represents a $0.50 annualized dividend and a yield of 1.9%. Gen Digital’s payout ratio is presently 54.35%.

Institutional Trading of Gen Digital

Several institutional investors and hedge funds have recently modified their holdings of the business. True Wealth Design LLC increased its stake in shares of Gen Digital by 92.0% during the 3rd quarter. True Wealth Design LLC now owns 1,104 shares of the company’s stock worth $31,000 after purchasing an additional 529 shares in the last quarter. Spire Wealth Management grew its holdings in Gen Digital by 1,183.3% during the 3rd quarter. Spire Wealth Management now owns 1,078 shares of the company’s stock valued at $31,000 after buying an additional 994 shares during the last quarter. Cullen Frost Bankers Inc. purchased a new position in Gen Digital during the second quarter worth $32,000. Clearstead Advisors LLC raised its holdings in shares of Gen Digital by 48.6% in the third quarter. Clearstead Advisors LLC now owns 1,223 shares of the company’s stock worth $35,000 after acquiring an additional 400 shares during the last quarter. Finally, CYBER HORNET ETFs LLC acquired a new position in shares of Gen Digital in the second quarter worth $44,000. Hedge funds and other institutional investors own 81.38% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on GEN shares. Royal Bank Of Canada lowered their price target on shares of Gen Digital from $33.00 to $29.00 and set a “sector perform” rating on the stock in a research note on Friday, November 7th. Jefferies Financial Group began coverage on shares of Gen Digital in a report on Friday, October 3rd. They set a “hold” rating and a $31.00 price objective on the stock. Barclays increased their target price on shares of Gen Digital from $32.00 to $33.00 and gave the company an “equal weight” rating in a report on Friday, August 8th. Evercore ISI boosted their price target on Gen Digital from $35.00 to $37.00 and gave the stock an “outperform” rating in a research note on Friday, November 7th. Finally, Wells Fargo & Company raised their price objective on Gen Digital from $37.00 to $40.00 and gave the company an “overweight” rating in a research note on Friday, August 8th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $35.43.

Insider Activity at Gen Digital

In related news, Director John C. Chrystal acquired 5,000 shares of the firm’s stock in a transaction that occurred on Thursday, November 13th. The shares were acquired at an average price of $27.14 per share, with a total value of $135,700.00. Following the completion of the purchase, the director directly owned 28,419 shares in the company, valued at approximately $771,291.66. The trade was a 21.35% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 9.30% of the stock is currently owned by insiders.

About Representative Johnson

Julie Johnson (Democratic Party) is a member of the U.S. House, representing Texas’ 32nd Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027.

Johnson (Democratic Party) ran for election to the U.S. House to represent Texas’ 32nd Congressional District. She won in the general election on November 5, 2024.

Julie Johnson earned a B.A. in history and government from the University of Texas at Austin in 1987 and a J.D. from the University of Houston Law Center in 1991. Johnson’s career experience includes working as an attorney.

About Gen Digital

Gen Digital Inc engages in the provision of cyber safety solutions for consumers in the United States, Canada, Latin America, Europe, the Middle East, Africa, the Asia Pacific, and Japan. The company offers security and performance products under Norton, Avast, Avira, AVG, and CCleaner brands that provide real-time protection and maintenance for PCs, Macs, and mobile devices against malware, viruses, adware, and other online threats.